Transaction in Own Shares

Rhea-AI Summary

Diversified Energy Company PLC (LSE: DEC) has executed a share buyback program, purchasing 37,142 Ordinary Shares at a volume weighted average price of 1,008.37 pence per Share through Peel Hunt LLP. The acquired shares will be cancelled.

Following the cancellation, Diversified will have 80,936,013 Ordinary Shares outstanding, with no shares held in treasury. This figure can be used by shareholders for calculating interest notifications under FCA's Disclosure Guidance and Transparency Rules.

Positive

• Share buyback program execution demonstrates strong cash position
• Reduction in share count potentially increases earnings per share

Negative

• Cash outflow for share repurchases reduces available capital for operations

Insights

Financial Analyst

Diversified Energy (DEC) has executed a minor share repurchase of 37,142 ordinary shares at 1,008.37 pence per share as part of its buyback program announced on March 20th. While the scale of this particular transaction is modest—representing only about 0.046% of the company's outstanding shares—it's part of a broader capital allocation strategy that deserves attention.

Share buybacks typically signal management's confidence in the company's intrinsic value and future prospects. For DEC, this repurchase marginally improves shareholders' proportional ownership as the total share count will decrease to 80,936,013 following cancellation of these shares.

The buyback's immediate financial impact is given its small size relative to DEC's $785 million market capitalization. However, this move aligns with the company's self-described strategy of generating reliable free cash flow and creating shareholder value while maintaining its focus on acquiring and improving long-life natural gas and liquids assets.

For energy companies like DEC, instituting buyback programs often indicates confidence in sustained cash generation capability, particularly important in the volatile energy sector. This transaction represents a modest but tangible step in returning capital to shareholders while potentially providing minor support for the stock price.

DIVERSIFIED ENERGY COMPANY PLC
("Diversified", or the "Company")

Transaction in Own Shares

Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) announces that, in accordance with the terms of its share buyback program announced on 20 March 2025, the Company has purchased 37,142 Ordinary Shares of 20 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 1,008.37 pence per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase	24 March 2025
Aggregate Number of Ordinary Shares Purchased:	37,142
Lowest Price Paid per Share (pence):	1,000.00
Highest Price Paid per Share (pence):	1,017.00
Volume-Weighted Average Price Paid per Share (pence):	1,008.37

Following the cancellation of Shares, Diversified will have 80,936,013 Ordinary Shares of 20 pence each in issue and no Ordinary Shares are held in treasury. This figure of 80,936,013 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), (as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019), the table below contains detailed information of the individual trades made by Peel Hunt as part of the buyback program.

Schedule of Purchases

Shares purchased:	DIVERSIFIED ENERGY COMPANY PLC (ISIN: GB00BQHP5P93)
Dates of purchases:	24 March 2025
Investment firm:	Peel Hunt LLP

Number of shares purchased	Transaction price (GBP per share)	Trading venue	Transaction date and time	Trade ID
3,000	10.00	XLON	12:34:44	00174606128TRLO0-1
16,699	10.03	XLON	12:56:01	00174607385TRLO0-1
10,300	10.17	XLON	16:15:48	00174631939TRLO0-1
155	10.12	XLON	16:35:08	00174634620TRLO0-1
435	10.12	XLON	16:35:08	00174634621TRLO0-1
828	10.12	XLON	16:35:08	00174634622TRLO0-1
7	10.12	XLON	16:35:08	00174634623TRLO0-1
662	10.12	XLON	16:35:08	00174634624TRLO0-1
1,679	10.12	XLON	16:35:08	00174634625TRLO0-1
145	10.12	XLON	16:35:08	00174634626TRLO0-1
258	10.12	XLON	16:35:08	00174634627TRLO0-1
2,222	10.12	XLON	16:35:08	00174634628TRLO0-1
70	10.12	XLON	16:35:08	00174634629TRLO0-1
110	10.12	XLON	16:35:08	00174634630TRLO0-1
115	10.12	XLON	16:35:08	00174634631TRLO0-1
457	10.12	XLON	16:36:17	00174635632TRLO0-1

For further information, please contact:

Diversified Energy Company PLC	+1 973 856 2757
Doug Kris	dkris@dgoc.com
www.div.energy
FTI Consulting	dec@fticonsulting.com
U.S. & UK Financial Public Relations

About Diversified Energy Company PLC
Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

FAQ

How many shares did Diversified Energy (DEC) purchase in its recent buyback?

Diversified Energy purchased 37,142 Ordinary Shares at 1,008.37 pence per share through Peel Hunt LLP.

What is the new total number of outstanding shares for DEC after the buyback?

After the share cancellation, DEC will have 80,936,013 Ordinary Shares outstanding.

When was DEC's share buyback program announced?

The share buyback program was announced on March 20, 2025.

What will happen to the shares purchased by DEC in this buyback?

The purchased shares will be cancelled in due course.